Nuclear Components Supplier Announces "Multimillion-dollar" Manufacturing, R&D Facility

URLhttps://www.thomasnet.com/insights/nuclear-compone
Sourcehttps://www.thomasnet.com
Date Published12/22/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name BWX Technologies
Parent companyBWX Technologies
Type of work Manufacturing
Reshoring category:Kept from Offshoring
Total number of jobs (added or to be added):97
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2021
Domestically, the work will be done:In-house
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredNuclear components, microreactors and nuclear fuel
What domestic positive factors made reshoring more attractive?Government Incentives, State grant funding
Government Incentive dollar amount:$1.1 million
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